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Lexington Herald-Leader from Lexington, Kentucky • 25

Location:
Lexington, Kentucky
Issue Date:
Page:
25
Extracted Article Text (OCR)

LEXINGTON HERALD-LEADER II KENTUCKYCOMBUSINESS II C7 THURSDAY OCTOBER 22 2009 ventilation and air conditioning systems rubber tires and chemicals were among those expanding In agriculture heavy rains have slowed crop maturity and delayed harvests a problem that has plagued some of hurley tobacco farmers LONG-TERM UNEMPLOYED GIVING UP SEARCH LEAVING WORK FORCE By Scott Sloan out of work for a long time ssioanVhsreW-leadsccom are discouraged Kentucky! unemployment and dropping out of the labor rate dipped in September but force" said Justine Detzel the reason isn't so rosy chief labor market analyst for The state Office of Employ- the Office of Employment ami ment and Training said the Training jobless rate was 109 percent And while down compared to 112 percent in month-to-month the jobless August But that dip came be- rate is up 4 percentage points cause people who have been from the September 2008 rate of 69 percent started in December 2007 economy con- Only one sector of Ken-tinued to struggle under the economy saw an inweight of the recession suf- crease in jobs in September fering the biggest monthly and that was the construction employment decline and the sector which added 400 po-largest number of yearwer- turns year job losses on records is the first increase dating back to January 1990" in the number of jobs in the Detzel said in describing the construction sector since September data April 2009 reflecting the The state lost 14600 jobs start of multiple commercial in September she said It was and public works construction the 19th straight month of projects" Detzel said job losses since the recession The biggest drop in jobs came in the government sector which fell by 6400 positions The news came as the Federal Reserve issued its findings on regional economies noting that the seven-state area that includes Kentucky saw overall business decline The Fed said that manufacturing lost ground and makers of appliances and furniture were among those closing plants-and cutting jobs It did say that makers of heating The Associated Press contributed to this report Reach Scott Sloan at (859) 231-1447 or 1-800-950-6397 Ext 1447 KET looks inside for new leader KENTUCKY Coal company workers warned of job cuts A coal company in Eastern Kentucky has told its employees that they might lose their jobs as its parent company seeks to emerge from bankruptcy The 225 employees of Miller Bros Coal whose Kentucky operations are based in Floyd County were told that their futures are uncertain "in anticipation of an expected sale of the company assets near the end of this year as part of its reorganization under Chapter 11 of the bankruptcy according to a statement issued by the company A Floyd County manager and an executive at the parent company Clearwater Natural Resources declined to comment further The company filed for bankruptcy protection on Jan 7 SCOTT SLOAN By Scott Sloan ssknn0herald-leadercom A 24-year veteran of KET has been named to lead the network after executive direc MCROSOFTCORP tor Mac Wall retires at the end of the year Shae Hopkins who is KET's deputy executive director for education programming and production will become fourth leader since its founding more than 40 years ago Hopkins also currently serves as senior executive for day-to-day operations KET said in a news release She has helped KET launch more Earnings roundup These companies made eamings-related announcements on Wednesday SME'MORGAN SlMEY-nn A screen shot offers a glimpse of what the newest version Windows wfll look like CANWINDOWS7 WIN US OVER? Third quarter Prior-year period Revenue $868B S1801B Net income $498M $7688 Eami par share $038 $738 Morgan Stanley returned to profitability tor the first time in a year as Income from its investment banking operations offset losses in commercial real estate MICROSOFT OS DEBUTS THURSDAY HP to add screens tie BANKl Third quarter Prior-year period that respond to finger gestures PC makers plan to unveil their latest in colorful and lightweight machines Thursday an orchestration that was possible because Microsoft coordinated with PC makers earlier than usuaL This is very different said Alex Gruzen an executive in Dell's consumer PC division Gruzen said his team worked closely with Microsoft to By Jessica Mlntz Associated Press REDMOND Although no one waits in long lines for a new edition of Windows software anymore the debut of Windows 7 on Thursday is part of why buying a PC is starting to fed fun for the first time in years expected to work better than its predecessor Vista At the same time marketing has gotten sawier and PC makers have followed lead and improved hardware design The regional bank said non-performing loans rose 94 percent to $439 billion Net charge-offs rose 121 percent But the bank said the growth in bad loans and charge-offs was slower than in the previous quarter local programming including Louisville Life One to One with Bill Goodman and Connections with Renee Shaw is fortunate to have found as its next leader someone whose skills dedication and experience put her on a par with the top echelon of public broadcasters said Hilma Prather of Somerset chair of governing body the Kentucky Authority for Educational Television best part is she was already at Hopkins also was the founding executive director of the Commonwealth Fund tot KET the fund-raising part of the network She also has served as an executive producer and producer on documentaries including the biography of WT Young a privilege to be asked to lead KET in this important time as Kentucky faces great needs in education from Behind the name bu may be asking: How did we get to Windows Did I miss 5 and No you didn't But Microsoft names have been more than a little confusing Long ago we had Windows 2 and 3 Then Microsoft started naming its consumer software after the year of release and we got Windows 95 That was followed by 98 whie professional users got 40 But Windows 2000 wasn't for consumers the professional version was now named for Is vintage as well The new millennium raised an obstacle to the year-numbering scheme Microsoft balked at naming its new system 0L' Naming I wouldn't have worked either imagine al the jokes about the homicidal computer in 2001 A Space Odyssey So the new Windows became "XFT a not entirely self-evident contraction of There seem to be any other twoMer combination to capture Microsoft goals for (he next Windows so it became which is what you might see out of a window so that makes sense right? Someone thought so Vista bombed prompting Microsoft to make another dean break the third one and give us Windows 7 Microsoft official rationale is that 7 is the seventh version of Windows I gets there by counting up from Wndows NT 40 skipping Windows 98 and counting both XP and 2000 as No 5 Vista was No 6 ASSOCIATED PRESS EmKazMieigEsss Third quarter Prior-year period Revenue $1669B $15296 Not income $695M Earns per share $096 The airplane maker was hurt by growing costs from two troubled plane programs and slashed its profit forecast fix things people didn't like about Vista such as its slow boot-up time rather than waiting as in the past for die software maker to throw the (operating system) over a for Dell to install Microsoft also has more to contend with than computers running other operating systems People have begun to use such gadgets as the iPhone as tiny mobile computers But Ballmer acorns the idea that phones could unseat PCs "Let face it the Internet was designed for the PC The Internet is not designed for the Ballmer said "That why they've got 75000 applications all trying to make the Internet look decent on the EBAY Third quarter $224B Prior year period $212B "If you line up the six or seven most interesting PC designs people will say TMw I didn't know all of that could be done with a Microsoft CEO Steve Ballmer said It conceivable Microsoft will have to work harder1 to win people over thanks to a small but growing threat from Macs which now have 11 percent of the market compared to 5 percent when Vista launched Vista fell flat because it didn't work with many existing programs and hardware But now Windows 7 does like adding deeper support for touch-screen controls leading such PC makers as Dell and Net income $350M $492M Earns per share $027 $038 Revenue from the division that includes its main Web site dipped just 1 percent year-over-year to $L4 billion suggesting efforts to revitalize the site are gaining traction with bargain hunters early childhood through adult education Hopkins said in a statement hold a great passion for and commitment to KET's mission of educa tional service and local ASSOCIATED PRESS Get enhanced market news and tools online at including: Real-time market indexes throughout the day A-to-Z lists of stocks and mutual funds Create a portfolio of stocks and funds you follow MAKKET DAY KENTUCKY MARKETS VM -A KV VXf Mist XjSf CHKAGO BOARD OF TRADE STOCKS OF REGIONAL MEREST Cash grain 7285 7380 7543 70-64 Soybeans Opaa im wm Cfc 5 000 (v imk nfc per hoM Corn Opt 16 Im lank a 5000 Oh rnmnwit ranis par kaM 50060001 600-700 Is 700800 (a 8009001a 90010001a HOLSTEMS (lap Am No 2) Price trend 300-400 la 147177 957972 177 178 1005 387 Cmbertand 124 917 0taH 174388 10151028 373-422 noted 600530 noM Cattle Cbs VTD -90 6240 -03 32130 -59 -620 -02 2930 -90 330 -1690 14 610 -15 110 09 -620 -52 2340 26 1290 -01 10590 -06 4510 -64 -700 -06 69760 -45 -2960 -16 -590 -54 2430 -96 1990 -23 29670 -07 19630 36 3270 -115 -3400 09 2050 -53 350 63 230 53 1740 23 1440 -107 -970 -40 2110 57 970 uss 137 SS33 212 mi 2251 2244 2493 4496 2274 6L84 645 4314 5749 71 1915 1413 S3JB 10623 242 2115 7633 4245 7867 5710 2143 3940 29(13 5063 4(i 81 3455 CMCAfiO MERCANflLE EXCHANGE Feeder Cattle Cattle To report news Up Call (859) 231-1447 or toll-free at 1-800-950-6397 Eiml hlbusmessSherald-leadeixom.

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About Lexington Herald-Leader Archive

Pages Available:
2,726,081
Years Available:
1888-2024